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> "paying as few taxes as possible" Here lies the problem. One's tax burden should not be determined by your cleverness to dodge them, but some inarguable, tan
by mceachen 7y ago
> "paying as few taxes as possible"
Here lies the problem. One's tax burden should not be determined by your cleverness to dodge them, but some inarguable, tangible value. Like a bill.
The tax law holes that allow for "creative" corporate financial "solutions" (like moving HQ to Ireland) and their ilk should be patched with dramatically simpler tax law.
The government should simply bill people and corporations for their tax, outright, like they do in many other countries.
- malvosenior 7y agoI think it would be great if the tax was straightforward and simple and what it was going to be spent on was also clearly defined as part of the "bill". As it stands today, neither side of that equation is in any way simple or transparent. That being said, it's a non-story that people will use all the laws available to them to lower their taxes. They are after all the actual tax law and not "holes", as tempting as it is to label them that.